Growing Places Fund
Lancashire Enterprise Partnership was awarded £20m from the Government’s new Growing Places Fund in November 2011. The GPF is a capital fund aimed at generating economic activity in the short term by addressing immediate infrastructure and site constraints, unlocking development and enabling the delivery of new jobs and housing.
The investment is part of a new £500m Government-backed programme which gives local enterprise partnerships across the country the ability to manage the funding of infrastructure projects, including the flexibility to recycle funding for new projects as developments are completed. Lancashire Enterprise Partnership is currently undertaking work to identify which projects in the county should benefit from a share of the £20m secured from Government so far.